869 Bing Dr

Santa Clara, CA 95051

$2,100,000
Price
Beds
Baths
3,594 Sq. Ft.
$584 / Sq. Ft.
3,594
Sq. Ft.
$584
per Sq. Ft.

Description

Marcus & Millichap is pleased to present 869 Bing Drive, a rare opportunity to acquire a well-maintained fourplex in a high-demand rental market. Built in 1963, the property features 3,594 square feet of rentable space on a 7,389 square foot lot. The building offers an attractive unit mix consisting of one large 3-bedroom/2-bathroom unit and three spacious 2-bedroom/1-bathroom units, catering to a wide range of tenants. The property has been thoughtfully maintained by long-term ownership and was...Marcus & Millichap is pleased to present 869 Bing Drive, a rare opportunity to acquire a well-maintained fourplex in a high-demand rental market. Built in 1963, the property features 3,594 square feet of rentable space on a 7,389 square foot lot. The building offers an attractive unit mix consisting of one large 3-bedroom/2-bathroom unit and three spacious 2-bedroom/1-bathroom units, catering to a wide range of tenants. The property has been thoughtfully maintained by long-term ownership and was earthquake retrofitted 20+ years ago, a premium improvement rarely found in buildings of this size.
  1. Listed by AJ Decristoforo • DRE #02162593 • Brokerage DRE #01240999 • Marcus & Millichap • 408-709-0383
  2. Listed by Jimmy Castellanos • DRE #02024152 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 869 Bing Drive

MLS City Name
SANTA CLARA
Building Type
FOURPLEX
Garage Spaces
0
Parking Spaces
2
LISTING UPDATED: 06/22/2025 12:20 AM

Property Details for 869 Bing Drive

StatusActive
MLS #ML82011356
Days on Compass25
Taxes$24,299 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1963
Lot Size0.17 AC / 7,389 SF
CountySanta Clara County

Location

Listing Courtesy of Marcus & Millichap, AJ Decristoforo, DRE #02162593; Marcus & Millichap, Jimmy Castellanos, DRE #02024152
Add your commute

Building Information for 869 Bing Drive

Stories2Residences4Year Built1963Building Size-Lot Size0.17 AC / 7,389 SF

Payment Calculator

$13,028 per month

30 year fixed, 6.845% Interest

Principal and Interest

$11,003

Property Taxes

$2,025

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 869 Bing Drive

Features
Features
  • Fireplace: No
  • Living SqFt: 3594
  • Pool: No
  • Security Features: Other
  • Special Features: Other
Utilities
  • Cooling: Ceiling Fan, Window / Wall Unit
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 4
Garage
  • Garage and Parking: Assigned Spaces, Carport
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Santa Clara
  • Roof: Composition, Shingle
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 869
  • Street Name: Bing
  • Street Suffix: Drive
  • Area ID: 8
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3594
  • Structure SqFt Source: Assessor
  • Age: 62
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Individual
  • Zoning Detail: R3
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 290-40-035
  • County Name: Santa Clara
  • City Name: SANTA CLARA
  • City Postal ID: 63
  • Postal Code: 95051
  • Elementary School: 385
  • Elementary School District: 483
  • Middle School Text: Juan Cabrillo Middle
  • High School District Text: Santa Clara Unified
  • High School Text: Adrian Wilcox High
Lot Information
  • Foundation: Concrete Perimeter
  • Horse Property: No
  • Lot Acres: .17
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 3
General Information
  • Annual Tax Amount: $24,299
  • Building Unit Total: 4
  • Capitalization Rate: 3.88
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Coin Operated Equip, Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $3,000
  • Expense Landscape: $1,953
  • Expense Maintenance: $2,000
  • Expense Management: $0
  • Expense Trash: $1,923
  • Expenses Other: $525
  • Expenses Utility: $5,168
  • Expenses Total: $38,868
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Utilities - Hot Water, Utilities - Water
  • Gross Rent Multiplier: 16.92
  • Income Annual Gross: $120,404
  • Income Annual Rental: $122,928
  • Income Gross Scheduled: $124,128
  • Income Other: $1,200
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $3,100
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,049
Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,200
Unit 4 Information
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,895

Property History for 869 Bing Drive

DateEvent & SourcePriceAppreciation
Jun 17, 2025

Listed (Active)

MLSListings #ML82011356

$2,100,000
Jun 17, 2025

Listed (Active)

EBRD #ML82011356

$2,100,000
DateEvent & SourcePrice
06/17/2025

Listed (Active)

MLSListings #ML82011356

$2,100,000
06/17/2025

Listed (Active)

EBRD #ML82011356

$2,100,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 869 Bing Drive

Taxable ValueLand$38,778Additions$114,819Total$153,597
Tax Record2024$1,961 ($163 / month)
Home Facts
Total Finished SqFt3,594 SqFtAbove Grade Finished SqFt3,594 SqFtStories2Lot Size7,389 SqFtStyleQuadraplexYear Built1963ZoningR3CountySANTA CLARAAPN290-40-035Fireplace TypeHas Fireplace

Schools near 869 Bing Drive

This home is within Santa Clara Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Pomeroy Elementary School
PublicK to 5

Juan Cabrillo Middle School
Public6 to 8

Santa Clara High School
Public9 to 12

Santa Clara Community Day
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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869 Bing Drive is a multi-family home for sale in Santa Clara, CA 95051. This property was listed for sale on June 17, 2025 by Marcus & Millichap, it's currently listed at $2,100,000. This listing's school district is Santa Clara Unified School District. Nearby schools include Pomeroy Elementary School, Juan Cabrillo Middle School and Santa Clara High School. 869 Bing Drive is a 0-bed, 0-bath, 3,594 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, AJ Decristoforo, DRE #02162593; Marcus & Millichap, Jimmy Castellanos, DRE #02024152

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.